The polyacetals, other polyethers, and epoxide resins market in Sweden saw its size volume expressed in million kilograms stand at 113.8 in 2023. From 2013 to 2023, the market exhibited a general decline, with minor fluctuations. The most significant downturn occurred in 2019 with a year-on-year decrease of 6.39%. The market showed a temporary recovery in 2020, growing by 8.21% year-on-year. However, overall the average annual decrease from 2018 to 2023 was -0.3% CAGR.
The forecast for 2024 to 2028 suggests a continuing, albeit slight, decline with a forecast 5-year CAGR of -0.14% resulting in a volume of 112.83 million kilograms by 2028. This indicates a stabilization trend but overall declining growth rate of -0.68% over the next five years.
Future trends to watch for:
- Potential innovations in material science boosting demand for alternative polymers.
- Global economic conditions affecting industrial and manufacturing sectors in Sweden.
- Regulatory changes and environmental considerations impacting usage and production.
- Advances in recycling technologies that might drive changes in the consumption patterns of these materials.
